By Alzira Rodrigues | Translated by Jorge Meditsch
Thanks to sales increase to manufacturers, the auto parts industry reached 80% of the use of its installed capacity in August, according to Sindipeças’ research data updated on its website at the end of this month.
According to the association, the 80% index – three percentual points over July – reflects the advance of the automotive industry “despite the difficulties still faced by the supply chain”.
The OEM (Original Equipment Manufacturer) business was the fastest growing in the month (more than 14.8% over July) and had the largest growth in the year. Considering all segments, the auto parts nominal income closed in August with an 11.9% growth over July and 32.8% over the same month in 2021.
“A result aligned with the automotive production record in 2022 saw in Anfavea’s survey in the eighth month of the year”, emphasizes Sindipeças.
From January through August, sales for manufacturers grew 35.7% compared to the same period last year, while aftermarket business grew 12% and dollar exports just 0.2%. Jobs in the sector also presented a positive evolution, growing 4% this year and 5.3% in 12 months.
Based on the performance over the last 12 months, Sindipeças believe the sector’s nominal income should close the year at about 20% over 2021.
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